{"id":116755,"date":"2005-11-01T12:01:00","date_gmt":"2005-11-01T17:01:00","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/american-finance-finalizes-agreement-on-global-oil-tools-liabilities\/"},"modified":"2005-11-01T12:01:00","modified_gmt":"2005-11-01T17:01:00","slug":"american-finance-finalizes-agreement-on-global-oil-tools-liabilities","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/american-finance-finalizes-agreement-on-global-oil-tools-liabilities\/","title":{"rendered":"American Finance Finalizes Agreement on Global Oil Tools&#8217; Liabilities"},"content":{"rendered":"<p class=\"s2pred\"><strong>NEWS SOURCE: American Finance Corp.<\/strong><\/p>\n<p>SAN FRANCISCO, CA (SEND2PRESS NEWSWIRE) &#8212; American Finance Corp. (www.americanfinanceco.com) announces that it has finalized its agreement with Grifco International (Pink Sheets: GFCI) on Global Oil Tools&#8217; outstanding liabilities totaling approximately $800,000.00 USD.<\/p>\n<p> Terms of the agreement include the release of Global Oil Tools&#8217; assets to Grifco International currently held by two Louisiana banking institutions. <\/p>\n<p> &#8220;I have really enjoyed working with Jim Dial and look forward to a long term relationship. The agreement will result in improved financial benefits and positive solutions for Global Oil Tools,&#8221; said AFC representative Ben Gala, in a prepared statement. &#8220;We are extremely bullish on Grifco International and Jim Dial. We believe Jim Dial has a great opportunity to leverage Grifco&#8217;s model to a new plateau.&#8221;<\/p>\n<p> American Finance Corp provides support for mergers &amp; acquisitions (M&#038;A), corporate finance, and corporate valuations. AFC products are tailored predominantly on privately held, small to medium-sized businesses, and on transactions ranging in size from $1 million to $130 million over a variety of industrial applications. American Finance Corp. applications create synergies and economies of scale, allowing business to expand operations while simultaneously cutting costs. <\/p>\n<p> Investors can take comfort in the idea that a merger will deliver enhanced market power. AFC conducts focused acquisition research, and offers a complete range of financial wrap-around services vital to successfully guiding transactions from start to close.<\/p>\n<p> More information: <a href=\"http:\/\/www.americanfinanceco.com\" target=\"_new\" rel=\"noopener\">www.americanfinanceco.com<\/a><\/p>\n<p> REF: OTC Pink Sheets: GFCI \/ GFCI.pk<\/p>\n<p>News issued by: American Finance Corp.<\/p>\n<p> # # # <\/p>\n<p><small>Original Story ID:  (956) :: 2005-11-1101-002B<\/small><\/p>\n<p><small>Original Keywords: Global Oil Tools, OTC: GFCI, Grifco, GFCI.pk, pink sheets, Jim Dial, Ben Gala, AFC, American Finance Corp. American Finance Corp.   <\/small><\/p>\n<p class=\"s2pred\"><strong>NEWS SOURCE: American Finance Corp.<\/strong> | Published: 2005-11-01 12:01:00<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAN FRANCISCO, CA &#8211; Nov. 1 (SEND2PRESS NEWSWIRE) &#8212; American Finance Corp. announces that it has finalized its agreement with Grifco International (Pink Sheets: GFCI) on Global Oil Tools&#8217; outstanding liabilities totaling approximately $800,000.00 USD.<\/p>\n","protected":false},"author":9780,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"singles-wide.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19937],"tags":[],"class_list":["post-116755","post","type-post","status-publish","format-standard","hentry","category-press-releases-archive","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":467,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/116755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9780"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=116755"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/116755\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=116755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=116755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=116755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}